News Corp is effectively selling around half its stake in the business to Permira as part of a complex deal. News Corp currently owns 72 per cent of NDS’s equity, controlling 96 per cent of the voting rights. Under the terms of the deal, which values NDS’s equity at $63 a share, News Corp will […]

Intelsat CEO Dave McGlade commented, “Intelsat’s second quarter results featured record revenues and continued strong operating performance. Our diverse customer base and global scale give us an outstanding competitive position. We continue to benefit from the communications infrastructure needs of global businesses, growing economies, mobile application providers and service providers entering newly deregulated markets. Our […]

Netcom also plans to replace copper cables with fibre optic cables in certain parts of its service regions, in a three to five year project expected to cost up to RMB 15 bn

At the end of June, Foxtel had 1.5 million direct and wholesale subscribers, and more than 30 per cent of homes in Foxtel areas now subscribe to the service, the company said. Foxtel's HD+ service, launched in June, now has nearly 40,000 subscribers.

The merger rumour surfaced following speculation that federal officials could be inclined to support it, following their approval of the XM-Sirius satellite radio merger. DirecTV and Dish attempted to merge several years ago, but the FCC rejected it in 2002 on competition grounds. In an earnings call following release of the company’s second quarter report, […]

Speculation is increasingly mounting in Spain about France Telecom’s interest in acquiring Sogecable’s pay-TV unit, Digital Plus. The telco joins names such as Rupert Murdoch, Carlos Slim and Telefónica, among others, as being linked with the operation. Sogecable’s approach to France Telecom-controlled IPTV service Orange TV with the recent launch of a triple play offer, […]

Leichtman also reports that the top cable companies added over 670,000 subscribers, representing 76 per cent of the net broadband additions for the quarter versus the top telephone companies; overall, broadband additions in 2Q 2008 amounted to 51 per cent of those in 2Q 2007 – with cable having 85 per cent as many additions […]

“More coverage is the key issue because we are offering more channels than normal TV,” Cheng Ching-ming, director of interactive multimedia at Chunghwa told Bloomberg. The company, which began offering the service in March 2004, estimates the number of users of the service will climb to 600,000 by August 30, from about 500,000 at the […]

Broadband communications recorded sustained strong growth year-on-year: The number of fixed-line and broadband connections rose by 193,000 (+12.8 per cent) to 1,699,000. As at the end of June 2008, Swisscom's Bluewin TV IPTV service counted around 80,000 paying customers. Net growth compared to the previous year amounted to around 40,000 customers. The average one-time cost […]

Eldad Tamir, co-founder and General Partner at DFJ-Tamir Fishman Ventures, said the firm had been keeping a constant eye out for noteworthy investment opportunities. "We've been observing the mobile TV market and its ever-rising potential for some time now." “The consumer market is now starting to fulfil the vision that gave birth to Siano back […]